Abstract
It is the contention of this paper that management development, in any visible, formal sense, is absent from the majority of Chinese family businesses, but that an alternative set of processes produces a high level of managerial talent geared to this particular kind of organization. Seen at the macro level, the effect can be dramatic, resulting for instance in a sustained annual increase in gross national product per capita of 9% over twenty years in Hong Kong, a result found replicated in other nearby Overseas Chinese economies, or Chinese sectors of national economies in Indonesia, Thailand, Malaysia and the Philippines.
Get full access to this article
View all access options for this article.
